US President Donald Trump has announced that he will delay an increase in tariffs against China after recent talks between the two nations made substantial progress. <br />''<br />''Trump said in a tweet that substantial progress have been made in trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very productive talks, US will be delaying the increase in tariffs now scheduled for March 1, Trump said.<br />''<br />''Trump said he plans to meet Chinese President Xi Jinping to reach a final deal to end a trade war. The remarks follow several days of meetings between teams led by Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.<br />''<br />''<span style="color: #222222;">The US and China have been locked in an escalating trade spat since early 2018, raising import tariffs on each other's goods.</span><br />
News On AIR | February 26, 2019 11:00 AM
US President delays increase in tariffs against China